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Article: Plastech shutting more sites.
- Article from:
- Plastics News
- Article date:
- May 26, 2008
CopyrightCOPYRIGHT 2008 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Bankrupt auto supplier Plastech Engineered Products Inc. will close an exterior trim plant in Elwood, Ind., in July and an interior trim plant in Kenton, Tenn., sometime after June 30 as part of its ongoing restructuring.
The Dearborn-based injection molder informed Indiana officials May 17 about the Elwood closure. They said the plant, which employs 286, will close within 14 days of July 13.
Plastech entered Chapter 11 with the U.S. Bankruptcy Court in Detroit Feb. 1. Its biggest customer, Johnson Controls Inc., wants to buy Plastech's interiors operations, but the future is not as certain for plants like the one in Elwood that make exterior plants. The ...